Wednesday, March 9, 2016

Elliott Wave Index Futures


Not much new to add on the S&P.  The market is churning sideways in a 4th wave and should resume its uptrend soon in what should be an extended 5th wave.  Using wave relationships, a logical place for wave ((iii)) to end is at the wave ((i)) Fibonacci 138% extension level at 2082.

PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.

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